tv All In With Chris Hayes MSNBC May 7, 2025 5:00pm-6:01pm PDT
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anywhere. all in with chris hayes starts right now. >> tonight on all in. >> that gorgeous, big, beautiful bill. >> the president's plan to cut taxes for the rich and health care for the poor. >> and we're trying to come up with a name. and i said, why don't we just call it the great big beautiful bill tonight? >> big problems. >> for the. >> big beautiful bill. >> then the trump tax begins. >> yes, indeed. ladies and gentlemen. the rise in prices is starting on vehicles. >> ford announces increased prices on vehicles imported from mexico as the shopkeeper has his way. >> are you open to. >> pulling back your tariffs in. >> order to get china to the negotiating table? >> no. >> then a major. victory for the tough. student detained on orders. >> from. >> the trump administration. >> and new details and growing. >> concern about a sitting president cashing in on a meme
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coin. >> so you're not. >> you're not. >> profiting off. >> of the cryptocurrency. >> i haven't. >> even looked. >> but all in starts right now. good evening from new york. i'm chris hayes. you know, for all of donald. >> trump's authoritarianism. >> and his assault on rights and bulldozing the. >> institutions of our. >> government, the trump administration this time around has been really bad. >> at actually legislating. like the. >> stuff of making laws, the stuff of democracy. i mean, remember, republicans came in with a government trifecta. and while trump. >> has. >> set records for executive orders, he hasn't exactly been setting. >> records for laws. >> he signed. in fact, you can literally count them. on one hand, trump has so far signed just five bills into law, fewer than any president in the first 100 days of an administration since at least dwight d eisenhower in the 1950s. according to an nbc news analysis. that's pretty wild,
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right? like donald trump, he's got this big agenda. >> they're like, totally. >> transforming the government. he's got congressional majorities that, you know, he controls. now, one big reason for the lack of trump legislation this time around is that republicans have set up a kind of division of labor that works for them, not for the people. trump gets to play king, and he issues all the decrees he wants, and members of congress get to kind of shrug their shoulders when they get confronted in town halls by constituents asking things like, why did you fire the park rangers? why are you giving elon musk and his crew access to my personal info? why did the social security administration call me dead? but there is a clock ticking on this because trump and republicans do have this really big thing they want to do. it's an agenda they can only achieve through legislation, which is cut taxes for rich people and cut health care for non-rich people. and that happens to be really, really unpopular, like incredibly unpopular. if you can remember all the way back to
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trump's term, first term, a lot of us blocked it out. but his most unpopular moments aside from january 6th, right before then, his most unpopular moves were his two big legislative pushes. the first was his unsuccessful attempt at repealing the affordable care act, which ended in the middle of the night with republican john mccain's notorious thumbs down on the senate floor. and the second was the successful republican attempt to cut taxes for corporations and rich people, adding $1.5 trillion to the national debt. it did, however, have a catchy name. it was called the tax cuts and jobs act. a decent branding. now, this time around, congressional republicans seemed inclined to put their priorities into a few separate bills because it's a lot, and the politics are quite tricky. and they have especially historically narrow margin in the house. but instead, the president has been obsessed with another strategy laid out in december by former trump economic adviser and current fox business host larry kudlow put
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together. >> a real. >> reconciliation bill that. >> includes border. >> security and tax cuts. >> that's what i want. >> we absolutely can do that. and the plan is to put the border security and some defense components of reconciliation out first, and then follow it up with the tax component. >> no no. >> no no. >> no no. >> all at once, ma'am. all at once. as sources close to president trump are telling us, he would like one big. >> beautiful bill. >> i mean, who doesn't love a good b-b-b? sources close to trump. so this time around, right. republicans have combined get this. they've combined the two least popular elements from trump's last term the tax cut for rich people and cuts to health care for the non-rich into one big, beautiful bill. republicans who are bad at
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governing but decent at messaging, came up with a big, beautiful name for the bill. it was going to be called the renewing the american dream act, which, you know, sounds good. but when trump heard that, according to punchbowl reporter jake sherman, he had kudlow's reaction to the name. no, no, no, you actually have to call it one big, beautiful bill. >> well, i like one big, beautiful bill, and i always have, i always will, one big, beautiful bill. i'd like to name it that, if you can. that gorgeous, big, beautiful bill. a big, beautiful bill, as i call it. our big beautiful bill. great big beautiful bill, beautiful bill. and we're trying to come up with a name. and i said, why don't we just call it the great big beautiful bill? i think now i think we can finally say one big, beautiful bill. >> we're going to abbreviate it as the o b b b or is it just a b b b? republicans were even better at caving to donald trump than they are. messaging have decided to name the bill one big
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beautiful bill, which is just perfect. here's the thing. you can call it whatever you want. the bill's substance is extraordinarily unpopular. it, of course, extends tax cuts for businesses and billionaires. it boosts spending on immigration enforcement by eye watering amounts. i mean enormous, enormous amounts, along with huge increases to the pentagon budget jacking up the debt ceiling and would cost so much. it's stressing out almost everyone on capitol hill. as nbc news reports, republicans facing tough reelection fights in the 2026 midterm elections are worried it's not mathematically possible to achieve their spending targets without a steep cut to medicaid. citing estimates from the nonpartisan congressional budget office. because, you see, in order to offset part of the bill's costs, they need to find a whopping $880 billion in medicaid cuts. that's a lot. so here's the thing, mike johnson, congressional republicans are caught in this uneasy political position. they have already been
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trying to duck headlines and constituents as elon musk's waves his chainsaw around unilaterally slashing benefits all over the place. and now members are asking themselves this crucial question how exactly do you cut $800 billion from medicaid without people realizing you're cutting $800 billion from medicaid? they not only have to find these cuts and get agreement on them from their caucus, they also have to kind of work out a cover story, like what kind of story they're going to tell people about these cuts. and so far, it's not going well. >> i have to ask one. >> question about the tax bill. will we get it before memorial day? >> no. >> no, there's no way. >> because again, unfortunately. president trump chose. >> the one big. >> beautiful bill. what he should have done. >> is the multiple. >> step process. i suggest that three steps get the. border funding. second step, just extend current tax law. >> so we take an automatic tax. >> will we get it before the end of. >> the year quickly? >> not if we don't.
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>> come down with a reasonable pre-pandemic level spending. there's enough. >> of us in. >> the senate that will not. >> agree to that. >> oh boy, that's bad news. >> oh boy. it is bad news. well, for them, because they're trying to preserve tax cuts that expire at the end of the year. on the other side of that, they're facing midterm elections with the president, who's polling worse than any other president ever at the 100 day mark of his administration. and they have yet not started doing the thing that will most likely be the least popular thing they do, slashing medicaid benefits to finance more tax cuts. david dan is the executive producer executive editor of the american prospect, where he just wrote about the medicaid cuts in the republican bill. and he joins me now. dave, it's been sort of interesting to watch them. it's like watching someone try to solve a rubik's cube. they've got this assignment. they've got to get all these cuts in medicaid, but no one wants that. it's hard to sell cuts to medicaid. so it's like, what can we how do we cut medicaid in a way we can plausibly say, that's not cutting medicaid. what have you heard about how they're trying to solve for this?
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>> yeah. >> i mean, the first way they were trying to do it was not to tell anybody what they were doing at all. right? but we were able to find out what's actually in the bill. and the big. >> thing that. >> i think was actually even surprising to me was they want to increase what is called cost. sharing for people who make above the federal poverty level. and to be clear, that's $15,650 for an individual per year, about eight bucks an hour for a full time work, and. >> about 21,000. >> for a couple. >> and they want. >> to increase cost sharing. >> that means a premium. >> on medicare or medicaid. that means, you know, an extra copay on medicaid. so it's literally having people, poor people pay more money for health care in order to finance these tax cuts for the rich. that does not look good. >> that does. >> not compute in your. >> you know. >> attempt to dodge. accountability for this. >> and there are, you know, the other kind of game that they're
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playing. is some of the moderates have said, well, we don't want. >> cuts to people. and some of the hardliners have. >> said we need. >> more cuts. >> and so how you manage that. >> part of. >> it. >> because you can't. >> get waste. fraud and abuse, that's. >> not. >> going to give you $800 billion. >> so. >> you. >> know. >> that's another. >> dance that these guys. >> have to play. >> there's also a there's a political aspect to this. i mean, i saw the other day, laura loomer, of all people, the sort of far right maga whisperer who's very, very, very close to donald trump, it appears, basically warning about medicaid cuts. steve bannon's worried about medicaid cuts. and it's because there are a lot of trump voters on medicaid, particularly above that poverty line. what you're saying is the republican plan now is to tell those voters great news. you're going to pay more out of pocket. we're going to take money out of your pocket for your health care. that is the current plan. >> that's part of it. >> and then other. >> parts include adding work.
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>> requirements to medicaid. 61% of the public. >> of people on medicaid already work. but adding these. requirements is really just. >> adding enrollment hurdles. it's kind of like. >> when you have an insurance office before the affordable care. >> act, and they. put it on. >> the seventh floor. >> and there was no elevator, so you'd have to walk. >> up. >> it. >> right. >> to actually find your way there. and, and so, you know, sick people wouldn't go up there. and this is kind of a similar thing. there are a lot of enrollment changes and eligibility changes that the goal is to kick people off the rolls. and in fact, there was a cbo report, the congressional budget office today that said one of these things, which is basically repealing a biden rule that made eligibility easier, would kick 2.3 million people. >> off the medicaid rolls. >> i mean, the big question, right, for them politically is can they come up with a way that they're they're cutting, they're cutting hundreds of billions of dollars in medicaid through a variety of strategies that they
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could, though, go tell the voters it's we're not cutting it and basically have that work and then get enough buy in from the two wings of the caucus, one of whom scared of the cuts and one of whom wants way, way, way bigger cuts. >> it seems very hard. and keep in mind, this is only one of the many. disputes that are being held over this bill. you know, in the tax cut realm, you know, which tax cuts are we going to do for, you know, people in new york and california, are we going. >> to do. >> this change to the state and local tax deduction? there are a host of other things where there really isn't consensus, and this one seems to be the big one because, you know, there is there's really an allergy to cutting medicaid in a big way because as you say, you know, there are a lot of rural districts, a lot of districts that are held by republicans that have a lot of people on medicaid. and you can only go so
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far gaslighting them and telling them it's not an actual cut. >> david dayen at the american prospect, which has been doing amazing work on this and a bunch of stories. thanks for your time. >> excellent. >> congresswoman jasmine crockett, the democrat of texas. she serves as the vice ranking member of the oversight committee and also serves on the subcommittee. and she joins me now. i want to start with the question to you from your perch, particularly in the committee, if my read on this, which is they've kind of like this weird division of labor where elon musk just cuts a bunch of stuff and they get to be like, i don't know, take it up with him, because then they don't have to vote for anything and they get a lot of cuts they want. and now that's coming to an end. >> yeah. >> listen, it's interesting because the doge subcommittee is all for cosplay, right? like we had a hearing today and it was all about trans people fencing. and they brought in someone. they actually subpoenaed a man
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and was like, hey, we know we give you zero federal dollars, but we want to talk about this. and i'm like, okay, so this is efficient of us to do this, right? but they did not want to have a conversation around the cuts, cuts that you just were having a conversation about. right? one of the things that i decided to do, they may not have wanted to talk about it, but i was going to highlight it. and what i did is i went through each and every one of the members on the subcommittee. i went through their districts and talked about how many children specifically were at risk for losing their medicaid. and guess whose district was at the top of the list? the chairwoman, with 111,000 children that stand the risk of losing their medicaid. yet we're having a conversation, or we're sitting out and giving red meat to fox news instead of talking about the real issues. >> am i right that the train is running late right now in terms of the timing of all this? i mean, i was trying to go back and look at where things were,
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but the ron johnson quote was interesting. again, a lot of this has been behind the closed doors. trump does so much by like fiat and decree, even though he constitutionally can't, that this has been obscured in in a different administration. there would be more eyeballs on this, but it does seem like they're running late. is that your sense? >> yeah. >> i mean, they're running late and they're running scared. listen, you either are going to do what you need to do as it relates to the people that elected you, or you are going to go ahead and make sure that you bend the knee to your king. and right now, they don't know which one to do. i don't even know why it's a debate, but that's where we are. like this week, we were actually supposed to have markups in two of the most important committees. we're supposed to have a markup in energy and commerce. that is where the medicaid cuts are supposed to come in, to the tune of $880 billion. they also were supposed to have a markup as it relates to agriculture and snap benefits, cutting $220 billion from snap when people only get $6 a day to eat in snap benefits
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for those that do receive it. and the last time i checked, you probably can't get 12 eggs for that amount of money. and so instead of doing it literally, there was a leak in a story that came out where staffer said, no, we want to make sure we can flood the zone. so whenever we do this, we're going to make sure that these committees are going to be at the same time, like the fact that you're hiding from your constituents, the fact that you literally just are like, let me just throw everything at you so that we can overwhelm you instead of actually doing your job. i cannot wait until voters have an opportunity to say, you took food out of my mouth. you took a roof from over my head. you are responsible for making sure that i do not have health care. i'm going to make sure you don't have a job. >> do you think the balance of power in that caucus has shifted at all? i mean, you have people that are in vulnerable districts. you know, there's just reporting that they had one of the ideas they floated was cutting the federal contribution to medicaid. the folks facing,
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you know, voters in swing districts got worried about that. johnson told the house republicans they were cutting that idea out. you've heard the reporting about the other cuts they're considering. i mean, ultimately, what is your sense of who gets steamrolled here? right, because there's sort of two factions that can't both have their way. >> yeah, i think it's those in vulnerable districts. yeah. i think they're the ones that are going to get steamrolled. i mean, when we look at what happened in new york, all of those that were in vulnerable districts, for the most part, four out of five of them, they ended up losing their seats. so i think it's going to be those that potentially keep them actually in the majority. those are the ones that are going to lose out. so the don bacon's in nebraska who's desperately fighting for his life. we know that biden won that district. we know that harris won that district. and unfortunately, our candidate did not overcome don bacon. so you've seen him speaking out. and i think what they'll try to do is they'll try
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to have kind of this, oh, i'm speaking out. and they're hoping that people only see them talking and don't see what they're doing. and i just hope that we do everything that we can to make sure that those constituents know that they are the reason that you are hurting right now. >> mike lawler, another one in new york who was the fifth out of those 4 or 5, the one who survived. he's going to have some tough votes coming up, too. congresswoman jasmine crockett, thank you. coming up, as the federal reserve chair warns about the negative impact of trump's tariffs, the real world trump's tariffs, the real world price increases that are (♪♪) don't let congestion take over. afrin no drip. wow! ridiculously fast nasal congestion relief. wow! the wow is real. dry eyes still feel gritty, rough, or tired? with miebo, eyes can feel ♪ miebo ♪ ♪ ohh yeah ♪ miebo is the only prescription dry eye drop
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forty's going to be my year. with breaking news. >> we are going to go through this with the available facts. >> this next domino is getting set up to fall. >> we are seeing an unprecedented assault on our democratic order. >> it's not a normal presidency. it's not a. normal reality we are all living in. >> we have. never seen anything. >> like it. >> our mission to bring you the
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truth is more important than ever. >> it has been a day. >> last night, treasury secretary scott bessett went on trump tv to announce kind of a weekend trip to switzerland to negotiate with the chinese, while besson left open the possibility those talks could lead to the lowering of tariffs on china, america's self-proclaimed shopkeeper. shut the door. >> are you open to pulling back. >> your tariffs in. >> order to get china to. >> the negotiating table? >> no. >> ford motors has come up with its own solution by, well, raising prices on models built in mexico by up to $2,000. now they're trying to disguise what is effectively a trump tax by saying the price hike is not just due to tariffs, it's also the run of the mill mid-year pricing adjustments. bharat ramamurti served as deputy director of the national economic council under president biden. he previously served as
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economic advisor to senator elizabeth warren. and he joins me now. it's great to have you. the ford announcements sort of interesting because they clearly they need to raise their prices on these models. they know they will incur the president's wrath if they tell people the reason. and it seems to me, to me that there's going to be a lot of companies kind of doing this strange dance of raising prices and then essentially lying to their customers about why they're doing. >> yeah. if you look at. >> the options that. these types of companies have before them, none of. >> them are. >> particularly good, right? >> you are. >> facing a significant increase in the. >> cost of. >> a number of the things that you. >> need to. >> to produce the things that you want. >> to sell to the public. you can. >> either not. >> import those. >> things, in which. >> case you end up with shortages, you can. import it. >> and pay. >> a large tariff on it, in which case that you're looking for ways to make that up on the back end, which is through higher prices on consumers, or. you're absorbing those costs and trying to cut costs elsewhere, which is why you see a lot of
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reports of companies laying off workers, because that's a cost that they can directly control. you know, at the end of the day, no matter what the president says, and frankly, no matter what the companies say as they are doing these price increases thing that people will feel is the much higher price. and for those of us who lived through the biden administration, we know that the american people don't particularly like that. >> the fed chair, jerome powell, talked today and gave a sort of an interesting kind of read of where things are. there is a strange situation right now, which is that in the data we have currently, none of this really has started to show up yet because of the lag in the supply chain because of uncertainty. here's what powell said about the sort of extremely elevated uncertainty that he's seeing out there. take a listen. >> my gut tells me that uncertainty about the path of the economy is extremely elevated, and that the downside. risks have increased. the risk is, as we pointed out in our statement, the risks of the risks of higher unemployment and higher inflation have risen, but they haven't materialized yet.
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they really have. they're not really not in the data yet. so that and that tells me more than my intuition because i think i think it's obvious, actually, that the right thing for us to do is we're in a good place, our policies in a very good place. and the right thing to do is, is await further clarity. >> what do you think of that sort of wait and see approach? does that jibe with what you and others see in the data? >> yeah, honestly, when i look at the economy right now, it reminds me of those old acme cartoons where wile e coyote would be running and following the roadrunner, and he would go off the edge of the cliff and he would be cycling his feet, desperately trying to stay afloat. but everyone knew he was about to drop. and that's where we see that's what i see in the data right now, because, as chair powell noted, in the hard data, you know, the jobs report, the cpi report on inflation, you don't see a big spike. but all the soft data suggests that that's coming. you know, you saw a huge surge in imports as companies tried to get ahead of the tariffs. and now you see a
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huge decline in the number of boats at the port of la and the port of long beach, which means that you're going to see shortages, you see consumer confidence declining, you see small business optimism dropping precipitously. and in surveys of businesses in a variety of sectors, you see pulling back on investments that they were planning on making because of the uncertainty around tariffs. all of that soft data that we're having is going to hit the economy in the next few months. and i would be very, very surprised if we don't end up with a pretty significant downturn in the second half of the year, given that course. >> there are certain sectors of the economy are really hard hit, particularly the china tariff, 145%. one of them is the baby industry, with some reporting in the washington post that it's hitting that hard. it's threatening parents with price hikes and shortages. donald trump has been doing a riff about how these beautiful little girls have too many dolls. i don't know if you've seen the doll riff, but we've gotten a lot of riffing on the dolls. an interesting message today from republican senators saying, no more doll talk. please put the
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kibosh on all the doll riffing. and i wanted to read you this quote, because i don't think you consider yourself libertarian leaning, and i don't either. but i have to agree with rand paul here. who says how many dolls you have is up to the people who buy them, not up to the president, which seems like a sound economic principle. what do you think? >> yeah. you know, i can't believe that we have an anti doll president, but i guess we live in unprecedented times. i mean, look, these costs are going to be borne by consumers one way or another. and to me the real issue is the lack of coherent plan here. right. because the goal of all of this is purportedly is to increase production, increase manufacturing in the united states. let's say we wanted to increase the production of dolls domestically or strollers or some of the things that we import from china. but the thing is, these are multiyear investments. and how can anybody have any confidence that these tariffs are going to stay in place for any predictable length of time, such that it makes sense for them to put $100 million into new production in the united states for some of
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these, some of these things, it just doesn't make any sense. >> and in fact, if the heat gets too high, you may just carve it out like scott besson saying, look, we're considering maybe like a stroller carve out. you got like, it's like drinking out of a colander. it's like everything's going to be cut out. like what? what are we even doing here? bharat ramamurti, thanks so much for your time. >> thank you. >> still to come, as donald trump locks away people who disagree with him. good news for the student snatched off the street for the crime of writing street for the crime of writing an op tamra, izzy and emma... they respond to emails with phone-calls... and they don't "circle back" they're already there. they wear business sneakers and pad their keyboards with something that makes their clickety- clacking... clickety-clackier. but no one loves logistics as much as they do. you need tamra, izzy and emma. they need a retirement plan. work with principal so we can help you with a retirement and benefits plan that's right for your team. let our expertise round out yours. i told myself i was ok with my moderate
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the u.s. second circuit court of appeals, a three judge panel, ruled that detained tufts phd student rumaisa öztürk must be transferred from that detention center in louisiana, where she has been held for over a month, to vermont within a week. and there a judge will hear her appeal to be released from imprisonment on bail. öztürk, a legal resident on a student visa, was snatched off the street by plainclothes immigration agents earlier this year. you're seeing it happen now. she's currently being imprisoned for her protected free speech, seemingly after she wrote an op ed in her school paper last year at tufts, where she studies that was critical of israel's war on gaza and tufts response to student protests. this is part of an authoritarian attempt to criminalize thought, criminalize political speech and protest in this country. the trump administration is
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attempting to use the full force of the government to punish those who disagree with its support for israel's war. we have seen the state weaponized in new ways against legal immigrants like öztürk and mahmoud khalil and others. but the federal government is also cracking down on us citizens, putting enormous pressure on universities, both public and private, where some of the most organized and active protests surrounding gaza have formed as we speak. you see there, dozens of students at columbia university are occupying the school's main library. for example, there are nypd officers on the scene, mayor eric adams, who has aligned himself closely with president trump, called the protest unacceptable. protests of all kinds are happening all over the country, in cities and universities, have been collaborating with the trump administration's pressure campaign to stop them. nyu, for example, tried to bar more than 30 pro-palestinian students from taking their final exams if they did not renounce their rights to protest first. they later walked
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that back amid public pressure. in texas, a federal lawsuit was filed last week accusing ut austin of collaborating with the texas government to, quote, suppress pro-palestine speech in violation of the first amendment. part of that suit now includes body cam audio of a police officer questioning the legality of arresting peaceful protesters at barnard university. again here in new york, student journalist found her graduation under threat for simply covering a protest at her school, not participating in covering the protest, barnard 2nd may have backed down due to pressure. this atmosphere, this use of pressure and legal means to kind of render taboo an ideological tendency. it's the closest i've seen to mccarthyism in my lifetime. it's an attempt to take a specific, constitutionally protected ideological perspective and intimidate people away from expressing it through threats of force and banishment. it's
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gotten to the point where, when i saw these viral images of musician dave matthews holding up signs reading stop the genocide and stop killing children. honestly, my first thought was to check his immigration status for fear the trump administration would try to have him deported. turns out, though born in south africa, he's a naturalized us citizen. and here's to me what's so crazy about all this? it's crucial, as this happens, not to lose sight of what all these people are protesting in the first place. gaza has been bombed for a year and a half. best estimates we have are that 15,000 children have been killed, a million people have been dislocated. the entire strip has been effectively razed to the ground, all of which happened with the sometimes tacit, often explicit support of the biden administration as new reporting from israel's channel 13 and drop site highlights. and after all that, the trump administration says that the
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real extremism, the danger is the one happening on college campuses. and now, just this week, israeli prime minister benjamin netanyahu is announcing moving on to the newest phase of his plan, which at least as reported and as communicated by ministers in his own government, appears to be to bring about an ethnic cleansing in gaza. both united nations and the israeli human rights group b'tselem have said that ethnic cleansing there is already underway. netanyahu is openly promising to destroy everything in gaza, although almost everything is destroyed. to make life there so miserable that 2 million palestinians will be forced to flee. the hopes for the return of remaining israeli hostages being held by hamas almost certainly extinguished. here is israel's finance minister, bezalel smotrich, just yesterday.
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in kadima. told. hamas. to. smotrich is not the only member of netanyahu's government openly saying stuff like this. times of israel quotes national security minister itamar ben-gvir saying gaza must endure hell, and hell also means bombing all the aid depots that hamas holds, as well as halting the supply of electricity and water. doing so will cause mass starvation of hamas terrorists and their
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supporters in the gaza strip, and will allow us to return to war with tremendous force when hamas terrorists are weak and exhausted, without any significant ability to fight back, and we can crush them without difficulty. just today, chef chef jose andres, world central kitchen wrote an alarming dispatch quote after serving more than 130 million total meals and 26 million loaves of bread over the past 18 months, world central kitchen no longer has the supplies to cook meals or bake bread in gaza. food and aid have not entered gaza in more than two months. now, instead of opposing any of that, our government is enabling it. the trump administration, in fact, has apparently involved in negotiating conversations about what countries will take the palestinians, forced to flee from the desperation, engaging in the facilitation of what would essentially amount to mass population transfers. and that's a phrase that rightly recalls some of the worst episodes in
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human history. so currently we are looking at us and israeli policy that is more aggressively radical and extremist, more flagrantly in violation of international law and human rights than i think we've seen before. but if you point that out, or you hold up a sign or you protest, or you write a student op ed on campus, the trump administration may try to label you a terrorist, an enemy of the state, and have you removed from the country or put into detention for months. meanwhile, too many top figures in the democratic party have effectively abdicated their leadership on this issue. so what exactly are young americans who, as almost every poll shows, have increasingly soured on israeli policy in gaza? what are they supposed to do exactly? should students shut up and pretend that their government isn't abetting mass civilian death and population transfer? i don't think that's going to happen. i can tell you this no amount of repression and bullying is going to successfully stamp out the movement against this ongoing carnage. if history is any
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this is something that other countries have faced, and civil activists and organizers across the world have started to try to figure out different, effective ways to arrest democratic backsliding. well, this week on the why is this happening podcast, i got to sit down with erica chenoweth, a professor at harvard who studies and writes about exactly these kinds of mass movements. you use this term non-cooperation, which is something that runs through your work and the work of other people who who work on civil resistance. what does that mean? explain unpack that concept a bit. yeah. >> so non-cooperation is. >> part of the kind of tactical. toolkit that gandhi. >> brought to bear on the. >> quit india campaign. >> and he had actual. >> whole campaigns of. >> what were called. >> the non-cooperation campaigns. >> and what in his context it was. >> about was. >> was not going along with unjust laws at all. so, for
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example, the salt march and i think 1930 was an attempt to go and break the british monopoly on salt and the exports of salt from india without people living there being able to consume it themselves. so he went and broke the salt law and, and was arrested eventually and everything. and so the idea is just to is, is to withhold participation or withhold cooperation from things that that benefit effectively the opponent. the way people often talk about it now is, is more like direct economic non-cooperation. so methods like strikes or boycotts are forms of non-cooperation. and that just means that people won't buy things. they won't they won't go to work. you know. >> i learned from that conversation the origin of the word boycott, which is fascinating, which you may or may not know. we talk about it. we had a really important discussion, ranging from the
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four key components, from nonviolent movements to just how ready our society is to resist democratic backsliding. you can watch the whole thing right now on msnbc's youtube channel, or on msnbc's youtube channel, or you can listen to it. jus —hi! —hi! ♪♪ chocolate fundraiser. ♪♪ with the chase mobile app, things move a little more smoothly. ♪♪ deposit checks easily and send money quickly. [coins clinking] ♪♪ that's convenience from chase. make more of what's yours. luckily, stanley steamers, deep carpet cleaning lifts dirt, allergens and stains, leaving your home cleaner than ever. stanley steemer for a cleaner and
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the msnbc daily newsletter. get the best of msnbc all in one the best of msnbc all in one place. sign up for m the world's most precious resource? wifi. and the wifi is booming. boom! -b-b-b-boooming!! booming! -booming. the wifi is booming. xfinity. objected. >> to this hearing because. >> of. >> the clear. >> conflicts of. >> interest between. >> president trump. >> and his. family's personal crypto. >> ventures and the legislative proposals. >> our committee are
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considering. >> president trump and his family. >> are exploiting. >> the. >> presidency to enrich themselves. >> using their. >> personal crypto. >> business world. >> liberty financial. never in american. >> history has. >> a sitting. president so blatantly violated. >> the ethics laws. >> i asked the reclaiming. >> my time and. the gentleman the gentleman was was offered a. >> moment to comment. >> the gentleman was offered. >> president trump's crypto objection. >> the gentleman. >> is no. longer recognized. >> house democrats raising objections in a hearing yesterday over concerns about donald trump's crypto ventures, just three days before donald trump was inaugurated, he launched his own meme coin. and what that means, though it's sort of complicated and obscure fundamentally, is that if you buy that meme coin, you are putting money straight into donald trump's pocket, and if you put enough money in his pocket, turns out you may even get access to the president himself. in fact, in just two weeks, the top 220 holders of
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the trump meme coin will get the most exclusive invitation in the world to have dinner with him at his golf club outside washington, d.c. drew harwell is a technology reporter for the washington post who reported on this story, and he joins me now. drew, i want to just start because i think part of what's so crazy about this is it's happening in the open, but it's happening through a channel that a lot of people don't understand. but just the fundamental principle here, which is that they hold most of a huge amount of this meme coin. if people buy it, value flows directly into the holdings of the president of united states and his family. is that a fair characterization? >> yeah. >> that's right. >> yeah. the trump family business owns with another separate company, 80% of these meme coins and meme coins have no value on their own. they're as the sec has said, they're basically collectibles. so when people pour money. into them, it's a symbol. it's a symbol of their loyalty to donald trump. and it also is very beneficial
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to the trumps. they not only own so much of this and benefit when its price appreciates, they also earn transaction fees when anybody. buys them. so they make money no matter what happens to the price of the coin. so this is, you know, a pretty incredible gift for donald trump because he has tens of millions of people who follow him as the president. he's the leader of the free world. and just with his promotion of this coin, he makes money hand over fist. >> it's also a direct channel to transfer money to the president. i mean, you know, if, for instance, hypothetically, you want to do bribe the president under normal circumstances, you wouldn't really even kind of know where to start, right? like, how would you go about just as a logistical matter, bribing the president? united states, you've got, you know, secret service in this case there, if you wanted to bribe the president, if that was your goal, if you wanted to exchange cash for policy, like here's an example of a company, not this is not bribery, but this is them
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saying we're buying the coin so that we can get access for our policy view. there's an international trucking logistics firm which says they're buying as much as $20 million worth of the coins to influence the trade policy. freight technology is an effective way to advocate for fair, balanced and free trade between mexico and the us. do we know who is buying these coin? >> we really don't. i mean, that's the that's the thing about the blockchain that crypto people love so much. it is mostly anonymous. some people promote themselves because they want the credit, but a lot of times all we have is a big, long string of characters to denote a wallet address. so, you know, in most of the cases, we don't know if this money is coming from an american or a foreign buyer. if this money is coming from, you know, a foreign backed enterprise hoping for a better tariff policies. and so that's that's part of the problem here. and yeah, that's why we have conflict of interest provisions. that's why jimmy carter put his peanut farm in a blind trust all
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those years ago. even the perception of a conflict there is a is a problem. you kind of saw this during the first trump term, too, where he had the hotel in washington and a lot of foreign embassies were were buying up rooms. and but here it is. it is just out in the open. if you want personal access to the president, if you want a fancy dinner with him at his club, you can just buy a lot of this, you know, dollar sign, trump coin and get that access directly. >> yeah. in terms of foreign buyers, i mean, the constitution explicitly, you know, prohibits emoluments that that that prohibition, i think, was substantially weakened by the supreme court the first time around. but we've got bloomberg reporting saying that the majority of the top holders of the meme coin, that people were going to get invited to this dinner, have used foreign exchanges that say they ban us users, suggesting many purchases are based abroad. it seems like quite likely. and then there's also this crazy distribution, which blew my mind. 58 crypto wallets that hold this meme coin have made millions. 764,000 have
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lost money. that's a wild distribution. >> yeah. it's incredible. and we actually have a story coming out in the washington post tomorrow that goes into more of this. but yeah, the issue is that the people who got in really early bought this thing for, you know, pennies on the dollar have made a lot of money on paper. right. it's appreciated very quickly. but everybody who piled in after it was announced, after the trump had this glitzy crypto ball after he was inaugurated, they have lost money. this coin has basically collapsed in value, which happens to these meme coins, right? there's no basis to really give them value in the first place. so they tend to collapse. so a lot of the people who bought in because they trust trump, they see him as a businessman, president who knows how to make money. they're really suffering for this. if they if they put in money, they care about. meanwhile, a lot of the people who were really early or who put a lot of money in, they are standing to gain and not just from financial, you know, wherewithal, but also just from getting access to somebody
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who, again, you know, can shape crypto policy, is in the white house and can can affect how how these crypto crimes are even investigated. so yeah, it's a it's a big issue for, for crypto people. and they're putting their money in to, to solidify their grasp on that. >> department of justice sec. there's crypto bills moving through both houses of congress. it's pretty remarkable. drew. well, thank you very much. appreciate it. thank you. that is all in on this wednesday night. the briefing with jen psaki starts right now. good evening jen. >> hi chris. >> i mean, just. >> when you. >> think the grift can't get any more. >> blatant or. >> weirder. >> we get coins and all sorts of things out there. it's kind of amazing how audaciously in the open it is, but it's a sort of combination of in the open and obscure enough to most people that i don't think it's quite registered. >> yeah, i think that's right. >> most people. don't even know. >> exactly what it is. well. >> i. >> have tim walz. >> on tonight. >> if anyone thinks. >> this is weird and strange and
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